Answer:
False
Explanation:
As the contract was formed when the offeree has deposited acceptance letter in the mailbox, hence the offeror is bond to sell the house.
Answer:
C. collective bargaining
Explanation:
Collective bargaining is when negotiations for better terms of service involve and a group of employees or organized representatives of employees and the employers. The essence of collective bargaining is to have negotiations conducted by parties with interests only, not outsiders.
Collective bargaining may involve a single firm and its employees or employees from different organizations within the industry and their employers. The negotiation objective is to reach an agreement on improved terms or better working conditions.
Answer:
The answer is C.
Explanation:
Gross Domestic Product is the total market value of all final goods and services produced within a country during a given period of time. It is usually a year.
In calculating, GDP, we have expenditure approach, income approach and value-added approach.
In this question, the expenditure approach will be used to explain the answer to this question.
To calculate GDP using expenditure approach, the formula is:
C + I + G + (X-M)
where C is the consumers' spending
I is the investment spending
G is government spending
X is the exports
M is the imports.
The correct answer is C. firms purchases of inventories is part of investment spending. Firms can purchase raw materials(inventory) and process it into finished goods(inventory). The change in inventory(difference between the closing inventory and opening inventory) is part of the calculation of investment spending.
Households buying inventories(finished goods) is part of consumers' spending and not investment spending.
Wait I did this let me go get the answer rq